National Stock Exchange, India's biggest exchange by volume, launched its operations with nearly 200 members in 1994. BSE started operations in 1875 with 318 members.
The trading timing would be from 0900 to 1700 hours from Monday to Friday, the exchange statement said. The Securities and Exchange Board of India Chairman, C B Bhave, will inaugurate the currency derivatives at MCX-SX on Monday, but the trading will commence only the next day, it said.
Swift Dzire has clocked 2.5 million in sales, and you might, in a non-too-distant future, see headlines that the DZire has done 3 million as well, observes Suveen Sinha.
While the market awaits the new sedan Maruti Kizashi, there is some more interesting information floating in from the Maruti and Tata stables regarding a diesel SX4 and a face-lifted Tata Manza.
The London Stock Exchange, the world's third largest exchange in terms of value of shares traded, is in talks with Financial Technologies to buy a stake in its stock exchange arm MCX-SX.
The car will come with a petrol and a diesel engine option.
Taking a cue from success of Mahindra and Renault sports utility vehicles, Maruti Suzuki plans to launch two compact SUVs.
Gives 90 days time to dispose stake in four entities.
The love story with big, brawny SUVs refuses to end.
The stock market watchdog had said any adverse findings by other regulators might have a bearing on the exchange.
The new Elantra is 40 mm longer and 25 mm wider than the outgoing model
Sensex has six while Nifty has only 10.
The car maker is betting big on the Honda City rival.
National Spot Exchange Limited, promoted by Jignesh Shah-led Financial Technologies, is facing payment crisis of Rs 5,600 crore (Rs 56 billion).
Case relates to alleged irregularities in '08 sanction to MCX-SX; Shah grilled in NSEL case.
The SX variant sits right between the mid-level S and top of the line VX variant.
Having learnt lessons from the past with Baleno and SX4 models, the company is preparing to aggressively tap customers who are looking to upgrade, with the Ciaz, on which it has invested Rs 620 crore (Rs 6.2 billion) on development.
Market regulator SEBI has asked the new stock exchange MCX-SX to explain why it should be given permission to start trade in equities in view of issues relating to its shareholding, including by Financial Technologies and commodity exchange MCX.
His comments came in response to a query on whether Securities and Exchange Board of India would be initiating action against MCX-SX which rejigged its board yesterday amid continuing payment crisis at its group firm National Spot Exchange Ltd.
The Securities and Exchange Board of India, on Wednesday, directed Jignesh Shah-led FTIL to sell shares in MCX-SX and other entities within 90 days on the ground that it was not 'fit and proper' to own stakes in any exchange.
New Hyundai Verna 2017 is powered with a choice of 1.6 L petrol engine (Dual VTVT, 121.3 bhp) and 1.6 L diesel engine (U2 CRDi VGT, 126.2 bhp).
The decision to quiz Sinha, as also former Sebi Chairman M Damodaran, was taken after examination of another former Sebi chief C B Bhave earlier this month, during which the agency sleuths were told that public interest was involved in grant of licence to MCX-SX to trade in currency derivatives.
Adds a bare bones entry level EX and a top-end LX variants. The latter comes with 4-wheel-drive.
Though the agency did not include former Sebi chief CB Bhave and ex-member KM Abraham in the case, it recommended departmental action against the two.
Stock markets regulator Securities & Exchange Board of India on Thursday rejected an application by MCX Stock Exchange (MCX-SX) to offer trading in segments like equities and equity derivatives, citing failure to comply with shareholding norms and illegal buyback agreements by promoters, among several other issues.
The SUV leaves a good impression thanks to its athletic built.
Jignesh Shah-promoted MCX Stock Exchange (MCX SX) will partner London-based index calculator FTSE to create new index opportunities for the Indian financial markets.
London-based index creator FTSE recently tied up with the MCX Stock Exchange to offer a slew of new domestic indices and launch a range of international FTSE indices that will be listed and traded on the MCX-SX when it gets regulatory approval. Paul Hoff, managing director, Asia-Pacific, FTSE, spoke to Business Standard on plans for the venture.
MCX-SX was set up by FTIL and MCX, but they have been now classified as 'public shareholders' as against 'promoters' earlier, pursuant to a Sebi-ordered restructuring of its board and governance structure.
Taking exception to an advertisement by Maruti Suzuki India in November last year in one of the newspapers published in Chandigarh, HSCI's notice said a comparison between SX4 and the new Honda City was made, which had 'given completely false figures of the new Honda City in order to show superiority of your product SX4.' The comparison relates to height and length of the new Honda City as well as the 'absence' of integrated stereo systems.
Ciaz, the mid-sized sedan, was launched in October 2014.
Maruti announced 10,000 pre-bookings for Ciaz of which 60 per cent was for diesel models.
The Delhi State Consumer Disputes Redressal Commission's decision to fine mobile phone firm Vodafone Rs 50 lakh (Rs 5 million) for offering prizes of gold coins and a Maruti SX4 as part of a promotional scheme is something all marketers in the country would do well to pay attention to.
Although rising interest rates threaten to push passenger cars to the middle lane, Maruti Udyog is geared to continue on the fast track with its new car models.
Earlier this month, the CBI registered a Preliminary Enquiry against former Sebi Chairman C B Bhave and ex-member K M Abraham, as also against Jignesh Shah-founded FTIL and MCX, among others.
Maruti Udyog, which controls more than half of the country's passenger car market on the strength of its dominance in small cars, has embarked on a strategy to increase its share in the bigger car segments.
The list includes compact SUV, mini SUV, premium hatchback and premium MPV.
The car maker is betting big on the Honda City rival.
At the auto show, Maruti showcased some of its existing cars in a new avatar. Here are some of them...